What do you guys think it's worth?

TSTTrocks · 08-31-2011, 12:00 AM

I went to look at a salvaged 2001 blue ex500 today...

It had a hole in the water pump cover, scratches here and there (both mirrors, right side handle bars, rear cowling, front cowling), one cracked front turn signal, one falling off hanging front turn signal. All stock looking plastics. Seat was fine, rear cowling was loose (broken tab?). Rear brake pedal was bent(possibly straightenable)

The bike is Running, but not test ride-able on account of the hole in the pump. Straight lookin frame, straight forks (no leaks). Cant say much for the brakes on account of I couldn't ride it. Stock exhaust pipe, not much rust on the bike anywhere at all.
Tires were good, lines seemed good, cables ok, and brake/clutch fluids were good. Didn't bother checkin the oil.

After a bit of negotiating I got the seller to $1600 including tax which works out to about $1450 before tax, do you guys think it's worth getting into, as I would have to pay a minimum $300 (including inspection) more to get this thing on the road.

Bike is located in East Vancouver BC and the seller says he wants to repair it and ask $2200

Do you think it would be a worth while purchase after all is said and done or should I move on in my search?

any other suggestions?

thanks a lot

TREX 600 · 08-31-2011, 03:25 AM

Originally Posted by TSTTrocks

I went to look at a salvaged 2001 blue ex500 today...

It had a hole in the water pump cover, scratches here and there (both mirrors, right side handle bars, rear cowling, front cowling), one cracked front turn signal, one falling off hanging front turn signal. All stock looking plastics. Seat was fine, rear cowling was loose (broken tab?). Rear brake pedal was bent(possibly straightenable)

The bike is Running, but not test ride-able on account of the hole in the pump. Straight lookin frame, straight forks (no leaks). Cant say much for the brakes on account of I couldn't ride it. Stock exhaust pipe, not much rust on the bike anywhere at all.
Tires were good, lines seemed good, cables ok, and brake/clutch fluids were good. Didn't bother checkin the oil.

After a bit of negotiating I got the seller to $1600 including tax which works out to about $1450 before tax, do you guys think it's worth getting into, as I would have to pay a minimum $300 (including inspection) more to get this thing on the road.

Bike is located in East Vancouver BC and the seller says he wants to repair it and ask $2200

Do you think it would be a worth while purchase after all is said and done or should I move on in my search?

any other suggestions?

thanks a lot

If it were me I would move on with the search. Things you mentioned
are only the visible problems. Did it overheat when the water pump went.
There must be other bikes in your area that are in better shape.
Keep an eye out on craigslist. Take your time and find the right bike.

mikefsu · 08-31-2011, 05:15 AM

Originally Posted by trex 600

if it were me i would move on with the search. Things you mentioned
are only the visible problems. Did it overheat when the water pump went.
There must be other bikes in your area that are in better shape.
Keep an eye out on craigslist. Take your time and find the right bike.

TSTTrocks · 08-31-2011, 10:00 AM

Originally Posted by TREX 600

If it were me I would move on with the search. Things you mentioned
are only the visible problems. Did it overheat when the water pump went.
There must be other bikes in your area that are in better shape.
Keep an eye out on craigslist. Take your time and find the right bike.

That's a good point, It's just hard to find a good bike under $1500 in BC, I might go back in a few weeks when the guy has it fixed up and have a test ride, but there's no way I'm paying $2200 for a salvaged ex500...

If anyone has any affordable newb friendly bikes for sale feel free to let me know

Thanks a lot for the replies.

TSTTrocks · 08-31-2011, 10:00 AM

Another question I have is, if a bike is imported from the states to Canada what's the cost to have it inspected?

mr roboteye · 09-01-2011, 10:21 PM

Originally Posted by TSTTrocks

I went to look at a salvaged 2001 blue ex500 today...

It had a hole in the water pump cover, scratches here and there (both mirrors, right side handle bars, rear cowling, front cowling), one cracked front turn signal, one falling off hanging front turn signal. All stock looking plastics. Seat was fine, rear cowling was loose (broken tab?). Rear brake pedal was bent(possibly straightenable)

The bike is Running, but not test ride-able on account of the hole in the pump. Straight lookin frame, straight forks (no leaks). Cant say much for the brakes on account of I couldn't ride it. Stock exhaust pipe, not much rust on the bike anywhere at all.
Tires were good, lines seemed good, cables ok, and brake/clutch fluids were good. Didn't bother checkin the oil.

After a bit of negotiating I got the seller to $1600 including tax which works out to about $1450 before tax, do you guys think it's worth getting into, as I would have to pay a minimum $300 (including inspection) more to get this thing on the road.

Bike is located in East Vancouver BC and the seller says he wants to repair it and ask $2200

Do you think it would be a worth while purchase after all is said and done or should I move on in my search?

any other suggestions?

thanks a lot

To me this bike is MAX $1000. If it was in really good shape, decent tires, good chain and sprockets, well maintained I would guess around $2200

You can walk into a suzuki dealer in greater Vancouver and buy a brand new GS500F (full fairing nice looking one), that is ten years newer with a full factory warranty for $4200.

residentcourt1 · 09-01-2011, 10:40 PM

When I was reading this it sounded exactly like the bike my buddy bought(new rider as well) I think he paid $600 for it, it was newer and not salvage. He's asking too much for the bike and you will dump a lot of money into it(that is if you want it back to shinny new) Its carburated as well, which I dont think is very appealing. I wonder how long its been sitting too. I really think you can do better.

nemisis714 · 09-01-2011, 10:51 PM

coming from a guy who owns an ex500, move on, if they want $2200 after the rebuild, you can find a more sporty bike for just as much. The bike you are looking at is the exact same tech as my 1987 bike... i.e. not very good

Lone Rider · 09-02-2011, 05:14 AM

I was given a running, complete ex500. After I put tires and a battery in it, I had overspent its worth imo. I gave it to my son. Uncomfortable bike,but fun.
You can do much better with $2200. Go shopping. You dont need a outdated, but not vintage, basket case.

nsrg500 · 09-02-2011, 05:14 AM

I agree, you should keep looking.
You can do better.

fastfoodfred · 09-02-2011, 08:55 AM

a perfect condition ex500 is only worth $800-1500. take about half away for the salvage title. motorcycles are cheap, keep looking.

TSTTrocks · 09-02-2011, 09:53 AM

You can walk into a suzuki dealer in greater Vancouver and buy a brand new GS500F (full fairing nice looking one), that is ten years newer with a full factory warranty for $4200.[/QUOTE]

I hear what your saying, unfortunately I just can't justify spending $4200 on a bike right now, thanks for the suggestion tho

Originally Posted by residentcourt1

When I was reading this it sounded exactly like the bike my buddy bought(new rider as well) I think he paid $600 for it, it was newer and not salvage. He's asking too much for the bike and you will dump a lot of money into it(that is if you want it back to shinny new) Its carburated as well, which I dont think is very appealing. I wonder how long its been sitting too. I really think you can do better.

Carbureted really isn't a huge deal for me, but i'm kinda nervous about how long it's been sitting too... if you ever see another for around $600 hit me up

Originally Posted by nemisis714

coming from a guy who owns an ex500, move on, if they want $2200 after the rebuild, you can find a more sporty bike for just as much. The bike you are looking at is the exact same tech as my 1987 bike... i.e. not very good

I'm really not looking for anything too much more sporty, I definitely don't think it's worth the 2200 post rebuild after either tho. If ur ever selling that 87 feel free to drop me a line, I'd be happy to rid you of it's crappy tech

Originally Posted by Lone Rider

I was given a running, complete ex500. After I put tires and a battery in it, I had overspent its worth imo. I gave it to my son. Uncomfortable bike,but fun.
You can do much better with $2200. Go shopping. You dont need a outdated, but not vintage, basket case.

If you want you can always give your next one to me

What makes you say the bikes uncomfortable?

Originally Posted by nsrg500

I agree, you should keep looking.
You can do better.

Thanks I'm always lookin

Bandito · 09-17-2011, 05:12 AM

Even if you got the bike for free, it would probably cost you more to bring it back
to reasonable shape than it's worth.

Wait over the winter, save some more money, and buy an sv650. Ninja 500's
and Suzuki Gs500's are junk by comparison. Outdated boat anchors.

take risks · 09-22-2011, 09:19 AM

Originally Posted by bandito

even if you got the bike for free, it would probably cost you more to bring it back
to reasonable shape than it's worth.

Wait over the winter, save some more money, and buy an sv650. Ninja 500's
and suzuki gs500's are junk by comparison. Outdated boat anchors.

Ultima · 10-01-2011, 03:44 PM

That bike is a dog, even in good shape. It's a $500. "Rat Bike" project!

RA

Dirtybill · 01-07-2012, 08:37 PM

If ya want, PM me as I've imported a few bikes from stateside and I enjoy just going and looking at bikes even if I'm not buying.

Have you thought about a dual sport 650/400 single? Lots of fun, learn to ride on dirt and they don't mind being treated roughly.

Motocompo · 01-07-2012, 11:20 PM

Originally Posted by Dirtybill

Have you thought about a dual sport 650/400 single? Lots of fun, learn to ride on dirt and they don't mind being treated roughly.

Agreed. I was into street bikes... but then I bought a dual sport and super moto'd the shit outta it. Never looked back.

Kilt69 · 03-07-2012, 11:13 PM

Originally Posted by Motocompo

Agreed. I was into street bikes... but then I bought a dual sport and super moto'd the shit outta it. Never looked back.

Yup! I don't care what my financial condition is, I allways can afford a dual purpose thumper to get me around and still be scaring myself silly if I want to!

The most underated bikes going, especially for a newb. Throw the usual bark busters, skid plate and case guards on it and you can dump it all you want!!!


08-31-2011, 12:00 AM	#1
TSTTrocks Newbie Joined: Feb 2011 From: VAN BC	What do you guys think it's worth? I went to look at a salvaged 2001 blue ex500 today... It had a hole in the water pump cover, scratches here and there (both mirrors, right side handle bars, rear cowling, front cowling), one cracked front turn signal, one falling off hanging front turn signal. All stock looking plastics. Seat was fine, rear cowling was loose (broken tab?). Rear brake pedal was bent(possibly straightenable) The bike is Running, but not test ride-able on account of the hole in the pump. Straight lookin frame, straight forks (no leaks). Cant say much for the brakes on account of I couldn't ride it. Stock exhaust pipe, not much rust on the bike anywhere at all. Tires were good, lines seemed good, cables ok, and brake/clutch fluids were good. Didn't bother checkin the oil. After a bit of negotiating I got the seller to $1600 including tax which works out to about $1450 before tax, do you guys think it's worth getting into, as I would have to pay a minimum $300 (including inspection) more to get this thing on the road. Bike is located in East Vancouver BC and the seller says he wants to repair it and ask $2200 Do you think it would be a worth while purchase after all is said and done or should I move on in my search? any other suggestions? thanks a lot __________________ Follow PNW Riders on Facebook and Twitter


08-31-2011, 10:00 AM	#5
TSTTrocks Newbie Joined: Feb 2011 From: VAN BC	Another question I have is, if a bike is imported from the states to Canada what's the cost to have it inspected? __________________ Follow PNW Riders on Facebook and Twitter


09-01-2011, 10:40 PM	#7
residentcourt1 Peg Dragger Joined: Mar 2010 From: Spokane, WA I Ride: '06 CBR 1000, '09 ZX 6R	When I was reading this it sounded exactly like the bike my buddy bought(new rider as well) I think he paid $600 for it, it was newer and not salvage. He's asking too much for the bike and you will dump a lot of money into it(that is if you want it back to shinny new) Its carburated as well, which I dont think is very appealing. I wonder how long its been sitting too. I really think you can do better. __________________ Follow PNW Riders on Facebook and Twitter


09-01-2011, 10:51 PM	#8
nemisis714 Peg Dragger Joined: Jul 2010 From: Kent, WA I Ride: 2011 Kawi Versys, and Debi's old '77 Suzuki PE250b	coming from a guy who owns an ex500, move on, if they want $2200 after the rebuild, you can find a more sporty bike for just as much. The bike you are looking at is the exact same tech as my 1987 bike... i.e. not very good __________________ Follow PNW Riders on Facebook and Twitter


09-02-2011, 05:14 AM	#9
Lone Rider Streetfighter Joined: Feb 2009 From: Pennisula backroads Blog Entries: 1 I Ride: A ZX14 in the rain...., OMG!!	I was given a running, complete ex500. After I put tires and a battery in it, I had overspent its worth imo. I gave it to my son. Uncomfortable bike,but fun. You can do much better with $2200. Go shopping. You dont need a outdated, but not vintage, basket case. __________________ Follow PNW Riders on Facebook and Twitter


09-02-2011, 05:14 AM	#10
nsrg500 Pit Crew Joined: May 2011 From: Everett. WA I Ride: GS1150 Rat bike, NSR500,CBR 900rr	I agree, you should keep looking. You can do better. __________________ Follow PNW Riders on Facebook and Twitter


09-02-2011, 08:55 AM	#11
fastfoodfred Moto2 Champion Joined: Mar 2006 From: spokane, wa I Ride: 2008 SXV4.5 + 2006 ZX6RR + 1985 RZ350 + 2010 YZ250F +	a perfect condition ex500 is only worth $800-1500. take about half away for the salvage title. motorcycles are cheap, keep looking. __________________ Follow PNW Riders on Facebook and Twitter


09-17-2011, 05:12 AM	#13
Bandito Training Wheels Joined: Feb 2009 From: Fraser Valley, BC	Even if you got the bike for free, it would probably cost you more to bring it back to reasonable shape than it's worth. Wait over the winter, save some more money, and buy an sv650. Ninja 500's and Suzuki Gs500's are junk by comparison. Outdated boat anchors. __________________ Follow PNW Riders on Facebook and Twitter


10-01-2011, 03:44 PM	#15
Ultima Newbie Joined: Sep 2011 From: Bella Bella,BC I Ride: ','88 RZ-350, '92ZX-11 drag '82 GS-750 "RAT BIKE"	That bike is a dog, even in good shape. It's a $500. "Rat Bike" project! RA __________________ Follow PNW Riders on Facebook and Twitter


01-07-2012, 08:37 PM	#16
Dirtybill Newbie Joined: May 2011 From: Langley/Princeton BC CA	If ya want, PM me as I've imported a few bikes from stateside and I enjoy just going and looking at bikes even if I'm not buying. Have you thought about a dual sport 650/400 single? Lots of fun, learn to ride on dirt and they don't mind being treated roughly. __________________ Follow PNW Riders on Facebook and Twitter

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